TaxStats for postcode 3102 FY2013

Postcode 3102 includes Kew East, Kew East in Victoria, and is in the federal electorate of Kooyong.

In FY 2013 the ATO recorded 4,105 individuals in postcode 3102. Of these people, 4,080 made a taxable income or loss. 3,320 of the population paid a gross amount of tax. After tax offsets, 3,100 people actually paid a net amount of tax. There were 980 non-taxable people who paid net tax of $0.

Compare TaxStats of 3102 with VIC

3102 TaxStats FY2013%Ppl#Ppl3102
Avg
3102
Total
Total Individuals100%4,105
Income
Salary or Wage 72%2,970$68,499$203,442,114
Gross Interest67%2,745$3,707$10,175,964
Unfranked Dividends16%670$1,061$710,883
Franked Dividends39%1,595$9,381$14,963,293
Dividend Franking Credit39%1,595$4,020$6,412,118
Capital Gains8%320$22,349$7,151,559
Termination Payouts2%65$25,213$1,638,850
Tips/Directors Fees etc15%635$6,292$3,995,697
Business Income11%450$42,330$19,048,578
Foreign Income10%415$1,619$671,972
Government payments4%170$4,673$794,343
Government pensions4%160$9,223$1,475,656
Total Income or Loss100%4,085$75,862$309,895,838
Deducations
Charitable Gifts40%1,655$1,871$3,096,658
Cost of Tax Affairs49%1,995$550$1,097,132
Work Car expenses24%995$3,035$3,020,035
Work Travel expenses11%470$1,502$705,784
Self Education expenses3%130$2,639$343,006
Total Deductions81%3,315$5,501$18,234,647
Taxation
Taxable Income99%4,080$71,444$291,493,061
Medicare Levy 73%2,990$1,372$4,101,661
Medicare Surcharge 1%50$1,190$59,495
Gross Tax 81%3,320$21,999$73,035,368
Net Tax 76%3,100$24,248$75,168,014
Average Tax 100%4,105 $18,311$75,168,014
Gross Tax Rate 81%3,320 31%$73,035,368
Net Tax Rate 76%3,100 34%$75,168,014
Average Tax Rate 100%4,105 26%$75,168,014
%PPL is rounded Percentage of total individuals used in the average (AVG).
#PPL is the number of individuals used to calculate the average (AVG).
*Tax Rates calculated from Taxable Income.
*Treat each stat/line item separately. Columns while related do not total due to different numbers of people used in each calculation.

The average taxable income was $71,444. It is estimated that the average taxable income for people who paid a net amount of tax was $90236.

The average net tax paid was $24,248. This equates to an average tax of 34 cents in the dollar on taxable income.

The Medicare levy was paid by 2,990 people for an average of $1,372. 50 people paid $1,190 on average more for the Medicare surcharge.

2,970 people earned a salary or wage and took home an average of $68,499 each.

Government allowance and payments were collected by 170 people for on average $4,673. 160 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,871 were made by 1,655 people.

The costs of tax affairs for 1,995 people were claimed for $550 each.